SIMEET

The Cast Master

NABL Approved Laboratory for Chemical & Physical

Simplex Castings Ltd.

[An MSME Unit (Small), Reg. No. UDYAM-CG-05-0000018]

Registered Office : 32, Shivnath Complex G.E.Road, Supela Bhilai – 490023 (C.G.) India

Phone : +91-788-2290484/85

Fax : +91-788-2285664

E-Mail : [email protected]

Website : www.simplexcastings.com

CIN:L27320CT1980PLC019535

GSTIN: 22AABCS4650E1ZT

IAS ACCREDITED
Management Systems
Certification Body
MNCB-174

ISO 9001:2015 & ISO 14001:2015
Certified Company

Complete Machining (with CNC) & Equipment / Fabrication Solution

Date: 28-05-2026

| To,
The Manager
Department of Corporate Services
BSE Limited
PJ Towers, Dalal Street
Mumbai-400001
Scrip Code: 513472 | To,
The Manager
Calcutta Stock Exchange
Address: 7, Lyons Range,
Dalhousie, Kolkata700001,
West Bengal
Scrip Code: 29066 |
| --- | --- |

Sub: Investor Presentation

Dear Sir/Madam,

With reference to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), please find enclosed the Investor Presentation on the financial results for the quarter and year ended 31st March 2026.

This is for your information and record.

Thanking you,

Yours faithfully,

FOR, SIMPLEX CASTINGS LIMITED

SANGEETA
KETAN SHAH
Digitally signed by
SANGEETA KETAN SHAH
Date: 2026.05.29 07:38:21
+95'30'

Sangeeta K Shah
Managing Director

OFFICE	ADDRESS	PHONE	FAX	E-MAIL
Regd. Office	32, SHIVNATH COMPLEX GE ROAD SUPELA BHILAI -490023(CG), INDIA	0788-2290485		[email protected]
Kolkata	3B, MANSAROWAR, CAMAC STREET 3^{rd} FLOOR KOLKATA - 700016 (W.B.) INDIA	7225057701	033-22493251	[email protected]
Bhilai (Plant)	5, INDUSTRIAL ESTATE, BHILAI - 490026 (C.G.) INDIA	0788-2290484	0788-4034188	[email protected]
Rajnandgaon (Plant):	223/2,224INDUSTRIAL ESTATE, TEDESARA, RAJNANDGAON - 491441(C.G.) INDIA	9200056703	0788-2285664	[email protected]

SIMPLEX CASTINGS LIMITED

Casting the New Bharat

INVESTOR PRESENTATION

Q4 and FY2025-26

SIMPLEX

Mr. Ketan Shah

Chairman and Executive Director

CHAIRMAN'S ADDRESS

Simplex Castings continues to strengthen its position as a trusted engineering and fabrication solutions provider, supported by our strong legacy in manufacturing capabilities, technical expertise, exhaustive credentials and referrals, and a growing presence across critical industrial sectors.

Our company saw a 18% increase in YoY Revenue, 20% increase in EBITDA, and 40% increase in PAT- and most importantly, reduction in overall borrowings.

The industry environment remains favourable, driven by rising infrastructure investments, railway modernization, industrial capex, defence manufacturing growth, and increasing localization of supply chains. A major milestone during the year was the receipt of RDSO approval for wagon bogie and cast steel components. This approval marks our re-entry into the railway wagon segment and strengthens the Company's positioning within India's railway supply chain ecosystem. The development opens a large addressable opportunity and supports the Company's long-term expansion plans in the railway sector.

The Company also secured important orders from reputed customers including ThyssenKrupp, BHEL, and SMS India, highlighting growing customer confidence in its engineering and execution capabilities. These orders not only strengthen the existing business pipeline but also demonstrate the Company's ability to manufacture high-precision and critical industrial castings for demanding applications.

Management remains focused on scaling operations across high-growth sectors, particularly railways, while also exploring opportunities for inorganic expansion in allied engineering and casting segments.

Looking ahead, Simplex Castings aims to deliver strong and sustainable growth over the coming years and are focused to reach our guided vision of clocking a revenue of ₹500 Crores by FY28. The Company remains committed to improving profitability and maintaining our benchmarked manufacturing standards.

Simplex Castings Ltd

SIMPLEX

OPERATIONAL HIGHLIGHTS

01 RDSO Approval Enables Strategic Entry into Railways Segment:

The company has received approval from the Research Designs and Standards Organisation for cast steel bogies and related components. This marks a key strategic milestone, enabling entry into the railway wagon segment and expanding the addressable market beyond traditional industrial casting applications.

02 SMS India Order Strengthens Existing Business Pipeline:

Received a ₹23.13 Cr order from SMS India Pvt Ltd, reflecting continued business traction in the steel and metallurgical equipment space. The order highlights sustained client relationships and steady demand visibility from key industry players.

03 Order from a globally renowned company ThyssenKrupp:

The company secured a ₹13.02 Cr order from ThyssenKrupp for coke oven doors, further strengthening its presence in markets. The order underscores the company's capability to deliver high-precision, complex castings for global industrial applications.

04 PSU Order from BHEL Strengthens Core Domestic Presence:

₹7.26 Cr order from Bharat Heavy Electricals Limited, Varanasi, for supply of cast components. The order reinforces the company's strong positioning in the PSU-driven heavy engineering ecosystem and reflects continued demand from established government-linked clients.

Simplex Castings Ltd

SIMPLEX

SIMPLEX CASTINGS RECEIVES RDSO APPROVAL

Expanding Opportunities in Cast Steel Bogies

Major Milestone Achieved

Received RDSO approval for key railway wagon bogie and cast steel components, strengthening presence in India's railway supply chain ecosystem.

Reinforcing Industry Leadership

Established as one of India's leading players in large and complex casted bogie components with strong metallurgical and engineering expertise.

Positioned for Long-Term Growth

Well placed to benefit from rising investments in railway modernization, freight corridors, wagon expansion, and infrastructure development.

Strong Manufacturing Capabilities

Backed by robust quality systems, precision manufacturing processes, and decades of experience in critical industrial castings.

Simplex
SIMPLEX

FINANCIAL HIGHLIGHTS

FY2025- 26

| 202.90 Cr.

Revenue
(+18.05% from last period) | 37.39Cr.

EBITDA
(+20.28% from last period) | 18.43%

EBITDA % |
| --- | --- | --- |
| 21.26 Cr.

PAT
(+40.50% from last period) | 10.48%

PAT % | 30.71 Cr

Net Block |

SimplexCastings Ltd

SIMPLEX

ABOUT SIMPLEX

Simplex Castings Limited (SCL) is a leading Indian Precision Metallurgy company with global business presence. SCL possesses well equipped manufacturing facilities such as Heavy Engineering & Fabrication Plant. Each plant is associated with modern machining facilities and a central machine shop with several machine tools including a large number of CNCs, EPC Division to take up Turn-Key Projects, Design wing with modern computer setup and aided tools.

Simplex Castings has manufactured and supplied more than 500 defence products across India.

Simplex Castings has manufactured and supplied more than 12,000 Railway Bogies worldwide.

Simplex Castings has manufactured and supplied more than 10,000 Coke Oven Batteries across India & more than 17,000 batteries to foreign clients.

Simplex Castings Ltd

COMPANY AT GLANCE

Simplex is a 60-year-old company serving globally across the Steel, Railway, Power, Pumps & Valves, Defence, and Mining sectors.

Simplex takes pride in being a fully integrated heavy engineering company with comprehensive in-house capabilities encompassing heavy castings, fabrications, machining, and EPC project execution truly offering all facilities under one roof.

As the company builds on its strong legacy, Simplex 2.0 represents a new phase of evolution marked by renewed focus, operational excellence, and a commitment to unlocking its full potential.

Years of legacy experience

6+ DECADES

Quarterly Order Book

2 100+ CR.

Land Parcel (2 Units)

30+ ACRES

Total Number of employees

1000+

Simplex Castings Ltd
7

SIMPLEX

WHO WE ARE

World's Largest Manufacturer of COKE OVEN DOORS

Bharat's Top 2 manufacturers of TORPEDO LADLE CARS

Bharat's First Developer and Largest Suppliers of SG IRON STAVE COOLER FOR BLAST FURNACE

Bharat's Largest Manufacturer of SG IRON SINTER CAR

Bharat's Largest Manufacturer of PALLET CARS

Simplex Castings Ltd

SIMPLEX

KEY PROJECTS EXECUTED

Exported Steel Plant Equipment to Russia and enter a Tech tie-up with Tyazhprom to export to Russia for turnkey projects in India.
Manufacturing Sucker Rod Pumping units for Oil & Gas for ONGC, India.
Executed Turnkey Installation of a 350 Cum Mini Blast Furnace for Southern Iron & Steel, Salem, using Chinese technology.
Introduced Japanese Sinter Plant Technology in India for SAIL-Bhilai Steel Plant (Sinter Plant III) through a consortium with Mitsui, Kawasaki, and Hitachi Zosen.
Design, Engineer, and Supply equipment for a hot rolling Stackle Mill for Salem Steel Plant as per SMS/Germany's design.

Simplex Castings Ltd

MOKE IN INDIA

SIMPLEX

ENGINEERED FOR INDIA, BY INDIA

“Simplex Castings has redefined India’s manufacturing capabilities by engineering and innovating critical products that were once imported, and are now proudly Made in India.”

Ballistic Grade castings for the Turret of war tanks.

Mud gun and tap hole drilling machine for blast furnaces

Mechanical equipment for cold rolling mills to Roadmaster Industries.

Simplex Castings Ltd
10

SAMPLE

ENGINEERED FOR INDIA, BY INDIA

“Simplex Castings has redefined India’s manufacturing capabilities by engineering and innovating critical products that were once imported, and are now proudly Made in India.”

Developed emission-free (zero leak or blue sky) doors for coke oven batteries with Japanese technology.

Critical castings of S.G. iron pellets for sinter plants.

Commission the slag granulation plant for the SAIL-Bhilai Steel Plant.

Simplex Castings Ltd

Simplex
SIMPLEX

MARQUEE CLIENTELE

Simplex Castings Ltd
12

Simplex

STRENGTHENING CASH FLOWS & BALANCE SHEET

A joint venture of Axis Bank and mjunction	Empanelled on Invoicemart (TReDS platform) to accelerate receivable realisation. A strategic shift towards non-debt, receivables-backed funding. Building a Self-Reinforcing Cash Flow Engine.

What’s different about cash flows at Simplex Castings now?

Earlier	Now
• Extended receivable cycle, leading to slower cash conversion
• Dependence on bank-funded working capital lines for liquidity
• Higher blended cost of funds, driven by interest-bearing borrowings
• Balance sheet leverage used to manage cash flow requirements	• Accelerated receivable realisation, improving operating cash flows
• Receivables-backed funding through TReDS (Invoicemart)
• ~50% lower cost of funds compared to traditional bank borrowing
• No collateral, no incremental on-balance-sheet debt

Simplex Castings Ltd

Simplex Castings Ltd
14

GROWTH TRIGGERS

Strengthening Railway Projects

With our approved RDSO certification, we're actively participating in railway tenders and project execution entering a high-growth, government-backed infrastructure segment.

Notching Up Defence Manufacturing

Developing capabilities in precision castings to serve the Defence and Shipbuilding Sector.

Partnerships with Bharat’s biggest shipbuilders

Strengthening ties with marquee PSUs like BHEL, GRSE in marine & shipbuilding projects.

Strategic Expansion in Water & Industrial Infrastructure

Expanding into D.I. pipe fittings and scaling precision castings to boost domestic & export growth across water, oil & gas, and chemical sectors.

Entry into Centrifugally Cast Rolls

Diversifying into high-value industrial rolls to boost margins & enrich product mix.

Establishment of Innovation Center

Setting up an advanced R&D hub to drive product innovation and technology-led efficiency.

SIMPLEX

WAY FORWARD

₹500 Crores

Targeted Revenue Growth Aspiration

Riding positive industry momentum, we are targeting a revenue milestone of ₹500Cr. by end of FY28 and remain committed to sustaining a consistent 10% PAT margin through execution and superior operational capabilities.

Railways Growth Engine:
Launching our dedicated Railway Plant and scaling up participation in government-backed projects, backed by our recent RDSO approval and proven execution capabilities.
Defence Manufacturing Expansion:
Executing trial defence orders and advancing precision casting capabilities to tap the growing opportunities in the defence sector.
Inorganic Acquisitions:
Evaluating acquisition opportunities in allied casting and engineering segments to enhance capabilities, expand the skill base, and reinforce our leadership in heavy engineering and fabrication.
Infrastructure Casting Boom:
Surging demand from large-scale infrastructure projects—driving a wave of fresh casting orders to meet requirements for structural and machinery components across India’s construction sector.

Simplex Castings Ltd

INDUSTRY OVERVIEW

Steel Industry Overview
(In 2 Billion)

CAGR - 2.5%
CAGR - 3.8%

Key Growth Drivers

Infrastructure, urbanization, and industrial capex growth
Rising demand from automotive, railways, construction, defense, and renewable energy sectors
Growing focus on specialty, value-added, and customized steel products
"Make in India" and global manufacturing expansion supporting steel demand

Fabrication Industry Overview
(In 2 Billion)

CAGR - 4.6%
CAGR - 4.2%

Key Growth Drivers

Rising infrastructure and industrial manufacturing demand
Increasing automation and precision engineering adoption
Growth in railways, mining, power, EV, and renewable energy sectors
Localization of supply chains and fabrication modernization driving growth

SIMPLEX

RISING DEMAND FOR PRECISION STEEL

As India's capex shifts from traditional industries toward emerging sectors, demand for precision and structural steel is expected to rise significantly, driven by increasingly complex infrastructure requirements.

Simplex Castings Ltd
17

SIMPLEX

CHANGE IN REVENUE MIX

2024-2025

Industries	% of Turnover
Steel	60%
Railways	20%
Steel	40%
Defence
Cement
Ship Building
Mining	20%

2028E

Industries	% of Turnover
Railways	40%
Steel	40%
Defence	10-12%
Cement
Power & Energy
Oil & Gas
Pumps & Valves
Ship Building	Oil & Gas
Mining

Simplex Castings Ltd

OUR MANUFACTURING FACILITIES

Simplex Castings Ltd
19

HEAVY ENGINEERING & FABRICATION DIVISION(1/2)

Capacity 15000+ MTPA

Simplex Castings Ltd
20

FERROUS FOUNDRY DIVISION(2/2)

Capacity

21000+ MTPA

Simplex Castings Ltd
21

SIMPLEX

OUR PRESENCE

Export Countries

Russia, Ukraine, Brasil, France, Venezuela, Italy, Spain, Egypt, Australia, Canada, Japan, Taiwan, etc.

Indian Impact

Facilities—Bhilai and Tedesara.

Simplex Castings Ltd
22

SIMPLEX

MANAGEMENT TEAM

Mr. Ketan Shah

Chairman and Executive Director

Mr Ketan M Shah joined Simplex Castings Limited in March, 1993 as a Director. He holds a Bachelor Degree in Mechanical Engineering and a Postgraduate Degree in Business Management. He became the Managing Director of the Company in July, 2010 and Chairman of the Company in August, 2015. Over the period of his Thirty Five years of experience and being an innovative technocrat, company succeeded in positioning its global presence as one of the reliable names for customers. It is his passion and honest devotion towards the company, that all employees, stakeholders, bankers, suppliers, customers and financial institution have been holding hands at all situations. He is Director in Hem Holdings and Trading Limited, SEFW Projects Private Limited, Sim Prabha Estates and Trading Company Pvt Ltd and Prabha Plantations Private Limited.

Dr. Sangeeta K Shah

Managing Director

Mrs. Dr. Sangeeta Ketan Shah holds Master Degree in Business Administration. She is an experienced and dynamic women entrepreneur. She is an active member of Industrial Association, CII, IIF, Chhattisgarh Skills Development, and also holds membership in various other associations. Her sound administration of Commercial & Financial Functions, Plant Operative Visions, Industrial Relations, Human Resources and Legal Competence, the company can achieve various Milestones. Since a decade, she worked in different capacities in Simplex Castings Limited and joined Board of the company as a Executive Director from 1 October, 2014. Because of her Strategic & Analytical Attributes, the company is gaining momentum. She is also director in other four Companies. She is Director in Hem Holdings and Trading Limited, Sefw Projects Private Limited, Sim Prabha Estates and Trading Company Pvt Ltd and Prabha Plantations Private Limited. She is also designated Partner in Coin Media LLP.

Simplex Castings Ltd

Simplex Castings Ltd
24

MANAGEMENT TEAM

| Mr. Ketan Shah
Chairman and Executive Director | Mrs. Sangeeta Shah
Managing Director | Mr. Sajal Ghosh
Executive Director | Mr. Champak Dedhia
Independent Director |
| --- | --- | --- | --- |
| Ms. Indu Nagar
Independent Director | Mr. Shailesh Jain
Independent Director | Ms. Avinash Hariharno
Chief Financial Officer | Ms. Sakshi Jain
Company Secretary |

Simplex Castings Ltd
25

STRENGTHENING STRATEGIC PARTNERSHIPS

Our strategic collaboration enables the integration of cutting-edge technology and world-class engineering solutions into the Indian Industrial Landscape. Our partnership reflects a shared commitment to innovation, quality, and delivering exceptional value to our clients.

Beijing Shougang

NHI 北方重工

Northern Heavy Industry

Hyundai Heavy Industries

Tangsgan Ganding Metallurgical Machinery Manufacturing

KAWASAKI STEEL

Kawasaki Steel

Qidong Metallurgy & Machinery

Simplex

COMPANY'S VISION

Maintaining the highest global standard and striving to be the client's first choice by counting on distinguished skills, innovation and competence.

COMPANY'S MISSION

Our aim to achieve customer satisfaction through innovation, superior technology, and excellence in manufacturing processes. We focus on sustainability, ethical business practices, and continuous improvement. We are a one-stop solution for all engineering component needs, specializing in eco-friendly products for various industries through casting, machining, and fabrication.

Simplex Castings Ltd

SIMPLEX

QUALITY ASSURANCE

For an SIMPLEX CASTINGS LIMITED BUILD:
20 Shreveport, Campbell, N. B. Road, Virginia 20452, 80062, (Sharithsport) - 480013, India

State department required: 01/04/2018 to 04/01/2018

Please refer to your request for fresh approval on your details cited above.
It is required to carry out Prototype testing for the following items:

Drum ID: 21264121. Cast Steel Cannot begin and its components
Cut Item:
ID: 2126412041. Cast steel side frame
ID: 2126412042. Cast Steel Rubber, 0.6g BID (RIGHT 8/2 PL - BEGEVER), 0.6g BID - 8/2018 6/3 PL - BEGEVER, 0.6g BID - 8/2018 6/3 PL - BEGEVER, 0.6g BID - 270/11 16/3 PL - BEGEVER, 400 22001 6/3 PL - BEGEVER
ID: 2126412047. Center Plant assembly, May 3, Adhesivi, Day no. 400-80079-6/2 PL - P.1, 190-800441 P.2, 80-800446 20g no. 400-87044 6/2 PL - P.1, 80-80047 2 P.3 - BEGEVER
ID: 2126412048. CASKUR CONSCRIPTION: 2% DEGIOCO / CONT BOOK 20g, 400-22001-6/2 PL, 190-810046

No changes shall be payable to RDSO for prototype testing.

RDSO is an prototype plant for about 40 years (between 41-80%) of a dry, light/steel die in standard dry water, and no change for the name will be found by you. RDSO is a RDSO PROPRIETARY OF RDSO PROPRIETARY, as they offer official ownership by law and the official, your premises as satisfactory as prototype testing.

You shall also provide your Internal Test Report (ITR) along with the prototype.

Please note that the time permitted for offering ITR is 48 days.

ASSIGNED PERSONS

Description	No warranty added

RDSO

(Wagon, Mechanical)

Simplex Castings Ltd

Simplex
In? Lakhs

PROFIT AND LOSS

	FY26	FY25	YoY % Increase	Q4FY26	Q3FY26	QoQ % Increase
Revenue from Operations	20,290.29	17,188.36	18.05%	5,476.28	4,753.31	15.21%
Cost of Goods Sold	13,543.2	11,145.01	-	3,589.61	3,088.11	-
Employee Cost	984.37	1,096.17	-	223.48	253.50	-
Other Expenses	2,023.88	1,838.81	-	575.05	641.28	-
EBITDA	3738.84	3108.37	20.28%	1088.14	770.42	41.24%
EBITDA %	18.43%	18.08%	-	19.87%	16.21%	-
Other income	243.54	133.75	-	42.89	161.52	-
Depreciation and Amortization	372.05	366.03	-	93.61	94.50	-
Finance Cost	682.79	891.46	-	124.55	201.22	-
PBT	2,927.54	1,984.63	47.51%	912.87	636.22	43.48%
Tax Expenses	715.73	471.52	-	208.67	160.13	-
PAT from Operations	2125.91	1513.11	40.50%	618.30	476.09	29.87%
PAT Margin %	10.48%	8.80%	-	11.29%	10.02%	-
Diluted EPS (in Rs.)	28.18	21.39	-	8.19	6.33	-

Simplex Castings Ltd
28

SIMPLEX

BALANCE SHEET

ASSETS	FY26	FY25
Property, Plant & Equipment	3071.32	3382.80
CWIP	2961.04	1237.62
Other intangible assets	4.07	2.74
Other Financial Assets	300.05	201.09
Deferred Tax Assets	112.52	844.68
Other Non-Current Assets	879.45	250.03
Total Non-Current Assets	73555.98	5949.42
Inventories	7319.26	5791.78
Trade receivables	4021.58	5113.61
Cash and cash equivalents	80.05	265.18
Other current assets	866.25	971.60
Total Current Assets	12356.97	12209.40
Total Assets	19712.95	18158.82

Inč Lakhs

EQUITY & LIABILITIES	FY26	FY25
Shareholder's Fund	11358.25	5666.84
Long Term Borrowings	1489.10	3104.83
Other Non Current Liabilities	7.02	7.02
Provisions	580.09	687.39
Total Non-Current Liabilities	2076.21	37.99
Short Term Borrowings	3527.52	4603.25
Other Financial Liabilities	292.36	398.51
Other Current Liabilities	744.35	1701.68
Provisions	161.77	210.55
Total Current Liabilities	4726	6913.99
Total Equity & Liabilities	19712.95	18158.82

Simplex Castings Ltd

SAFE HARBOUR

This presentation and the accompanying slides (the "Presentation"), which have been prepared by Simplex Castings Limited (The "Company") solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment what so ever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company. This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. Certain matters discussed in this Presentation may contain statements regarding the Company's market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantee of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of various international markets, the performance of the industry in India and worldwide, competition, the company's ability to successfully implement its strategy, the Company's future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cash flows, the Company's market preferences and its exposure to market risks, as well as other risks. The Company's actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third party statements and projections.

Simplex Castings Ltd
30

Sketch of Coke Oven Batteries

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